Fuel supply: UK suspends competition law to get petrol to forecourts

Announcing the measure to exempt the oil industry from the Competition Act 1998, Business Secretary Kwasi Kwarteng said: “We have long-standing contingency plans in place to work with industry so that fuel supplies can be maintained and deliveries can still be made in the event of serious disruption.

Recent Posts

Why can’t the US stop soaring oil and gas prices?

And while many small private companies, like Mr Wendt's, are still pushing to boost output, the biggest firms have so far stuck with investment plans forged before prices really soared, choosing to put the windfalls primarily toward shareholder payouts, rather than...

read more

Norwich City ‘in talks’ with Millwaukee Brewers’ owner

The fact that Mark Attanasio and his entourage travelled to Carrow Road to watch their final top flight game for some time indicates that this is much more than a passing interest. Current majority shareholders Delia Smith and Michael Wynn-Jones are now both in their...

read more